Binance and @SolvProtocol have launched an innovative BTC on-chain earning product, which earns up to 2.5% annualized yield by staking BTC. Compared with the less than 1% yield of traditional BTC financial products, this product provides more attractive returns while ensuring security. Currently, the highest yield tier for the 60-day term is sold out. It is recommended to choose the 30-day term (2.4% APR) for the best liquidity.
Participation link: https://t.co/3JlQEaG6tG
Participation process:
1) Log in to your Binance account and go to "Wealth Management" > "Advanced Earning" > "On-chain Earning".
2) Select BTC/SOLV products and check the available period (30 days or flexible period).
3) Deposit BTC, and the income will be calculated daily and automatically returned to the spot account after maturity.
Income and risk-return are settled daily, but they must be issued uniformly on the maturity date. Redemption during the process will result in the loss of accumulated earnings. It is recommended to use idle BTC to participate, without lock-up risk, suitable for users who want to flexibly allocate assets.
Project Background Solv Protocol is a leader in the BTCFi field. Its SolvBTC product TVL has exceeded US$470 million, ranking third among wrapped BTC assets. Through deep integration with projects such as Babylon, Ethena, and CoreDAO, the stability and security of earnings are ensured.